Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
October 07 2020 - 8:41AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULES 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2020
GRUPO TELEVISA, S.A.B.
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(Translation of registrant’s name into English)
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Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210, Mexico City, Mexico
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(Address of principal executive offices)
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(Indicate by check mark whether the
registrant files or will file annual reports under cover Form 20-F or Form 40-F.)
Form 20-F ☒ Form
40-F ☐
(Indicate by check
mark whether the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).)
Yes ☐ No ☒
(Indicate by check
mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).)
Yes ☐ No ☒
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Investor Relations
PRESS RELEASE
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Televisa Prepays in Full its
Revolving Credit Facility
Mexico City, October 6, 2020 - Grupo Televisa, S.A.B. ("Televisa" or the "Company", NYSE:TV; BMV:TLEVISA CPO) announced today that it has prepaid in full the
Company’s Revolving Credit Facility (the “Facility”) in an amount of MXN $14,771 million. The Company retains the right to reborrow the Facility in an amount of up to the Mexican Peso equivalent of USD $618 million. The Facility remains
available through March 26, 2022.
On March 24, 2020, the Company announced that it drew down the Facility as a prudent and precautionary measure in light of the high degree of
uncertainty at that moment in the global markets resulting from the COVID-19 outbreak.
Today, after the prepayment of the Facility, the Company has a strong position of liquidity with MXN $36,500 million in cash and
cash equivalents, temporary investments, and certain non-current investments in financial instruments.
Disclaimer
This press release contains
forward-looking statements regarding the Company’s results and prospects. Actual results could differ materially from these statements. The forward-looking statements in this press release should be read in conjunction with the factors
described in “Item 3. Key Information – Forward Looking Statements” in the Company’s Annual Report on Form 20 - F, which, among others, could cause actual results to differ materially from those contained in forward-looking statements made in
this press release and in oral statements made by authorized officers of the Company. Statements contained in this release relating to the COVID-19 outbreak, the impact of which on our business performance and financial results remains
inherently uncertain, are forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future events or otherwise.
About Televisa
Televisa is a leading media company in the Spanish-speaking world, an important cable operator in Mexico and an operator of a leading direct-to-home satellite
pay television system in Mexico. Televisa distributes the content it produces through several broadcast channels in Mexico and in over 70 countries through 25 pay-tv brands, television networks, cable operators and over-the-top or “OTT”
services. In the United States, Televisa’s audiovisual content is distributed through Univision Communications Inc. (“Univision”) the leading media company serving the Hispanic market. Univision broadcasts Televisa’s audiovisual content through
multiple platforms in exchange for a royalty payment. In addition, Televisa has equity and warrants which upon their exercise would represent approximately 36% on a fully-diluted, as-converted basis of the equity capital in Univision Holdings,
Inc., the controlling company of Univision. Televisa’s cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and
international carriers. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. Televisa also has
interests in magazine publishing and distribution, professional sports and live entertainment, feature- film production and distribution, and gaming.
Investor Relations
Carlos Madrazo / Tel:
(52 55) 5261 2445 / cmadrazov@televisa.com.mx
Santiago Casado / Tel:
(52 55) 5261 2438 / scasado@televisa.com.mx
Media Relations
Rubén Acosta / Tel: (52 55) 5224 6420 / racostamo@televisa.com.mx
Teresa Villa / Tel: (52 55) 4438 1205 / atvillas@televisa.com.mx
www.televisair.com
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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GRUPO TELEVISA, S.A.B.
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(Registrant)
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Dated: October 7, 2020
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By:
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/s/ Luis Alejandro Bustos Olivares
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Name:
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Luis Alejandro Bustos Olivares
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Title:
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Legal Vice President and General Counsel
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